Netherlands (NLD) and Estonia (EST) Trade | The Observatory of Economic Complexity

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Netherlands-Estonia Trade: In 2023, Netherlands exported $661M to Estonia. The main products that Netherlands exported to Estonia were Packaged Medicaments ($33.1M), Refined Petroleum ($21.9M), and Integrated Circuits ($19.9M). Over the past 5 years the exports of Netherlands to Estonia have increased at an annualized rate of 0.17%, from $655M in 2018 to $661M in 2023.

In 2020, Netherlands exported services to Estonia worth $131M, with Transportation ($39.2M), Other business services ($30.4M), and Financial services ($21.8M) being the largest in terms of value.

Estonia-Netherlands Trade: In 2023, Estonia exported $1.05B to Netherlands. The main products that Estonia exported to Netherlands were Refined Petroleum ($213M), Coal Tar Oil ($111M), and Other Measuring Instruments ($80M). Over the past 5 years the exports of Estonia to Netherlands have increased at an annualized rate of 17.7%, from $465M in 2018 to $1.05B in 2023.

In 2020, Estonia exported services to Netherlands worth $159M, with Transportation ($70.8M), Other business services ($53.8M), and Computer and information services ($17.7M) being the largest in terms of value.

Comparison In 2023, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €85M and imported €73M from Estonia, resulting in a positive trade balance of €12M. Between October 2023 and October 2024 the exports of Netherlands have decreased by €-6M (-6.59%) from €91M to €85M, while imports increased by €2M (2.82%) from €71M to €73M.

Trade In October 2024, the top exports of Netherlands to Estonia were Miscellaneous chemical products, n.e.s. (€21M), Undefined (€9M), Cocoa (€5M), Residual petroleum products, n.e.s., and related... (€5M), and Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€5M). In October 2024 the top imports of Netherlands from Estonia were Petroleum oils and oils obtained from... (€27M), Measuring, checking, analysing and controlling instruments... (€5M), Undefined (€4M), Wood, simply worked, and railway sleepers... (€3M), and Medicaments (including veterinary medicaments) (€3M).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)€-6M(-6.59%)

IMPORT GROWTH (October 2023 - October 2024)€2M(2.82%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Estonia and Netherlands trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Netherlands exported $661M to Estonia. The main products exported from Netherlands to Estonia were Packaged Medicaments ($33.1M), Refined Petroleum ($21.9M), and Integrated Circuits ($19.9M). During the last 5 years the exports of Netherlands to Estonia have increased at an annualized rate of 0.17%, from $655M in 2018 to $661M in 2023.

In 2018, Estonia exported $1.05B to Netherlands. The main products exported from Estonia to Netherlands were Refined Petroleum ($213M), Coal Tar Oil ($111M), and Other Measuring Instruments ($80M). During the last 5 years the exports of Estonia to Netherlands have increased at an annualized rate of 17.7%, from $465M in 2023 to $1.05B in 2018.

Exports from Netherlands () to Estonia () (2023)

Exports from Estonia () to Netherlands () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Netherlands
Top DestinationGermany$96.9B

Estonia
Top DestinationFinland$2.71B

This map shows whether countries import more from Netherlands or Estonia. Each country is colored based on the difference in imports they receive from Netherlands and Estonia or the difference in the growth in imports.

In 2023, countries that imported more from Netherlands than Estonia included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Estonia than Netherlands included Latvia ($1.91B), Kyrgyzstan ($63.7M), and Palau ($149k).

Difference in imports from Estonia () and Netherlands () (2023)

Comparative Advantage Netherlands - Estonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Netherlands and Estonia by product, considering products traded by both, Netherlands and Estonia.

During 2023, Netherlands had a large net trade with Estonia in the exports of Machines ($134M), Chemical Products ($104M), and Vegetable Products ($63.5M).

During 2018, Estonia had a large net trade with Netherlands in the exports of Mineral Products ($363M), Machines ($114M), and Instruments ($109M).

Bilateral Service Trade

Est Year

Nld Year

In 2020, Netherlands exported services to Estonia worth $131M, with Transportation ($39.2M), Other business services ($30.4M), and Financial services ($21.8M) being the largest in terms of value.

In 2020, Estonia exported services to Netherlands worth $159M, with Transportation ($70.8M), Other business services ($53.8M), and Computer and information services ($17.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands () to Estonia () (2020)

Services Exports from Estonia () to Netherlands () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Netherlands and Estonia. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Estonia. Similarly, a dot/product with the flag of Estonia indicates it has a comparative advantage over Netherlands.

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Netherlands () to Estonia () (2023)

Exports from Estonia () to Netherlands () (2023)

Market Competitiveness

Difference in imports from Estonia () and Netherlands () (2023)

Comparative Advantage Netherlands - Estonia

Bilateral Service Trade

Services Exports from Netherlands () to Estonia () (2020)

Services Exports from Estonia () to Netherlands () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Netherlands () and Estonia () (2023)

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